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Apartment in Estepona, 2 bedrooms, 170 m² €540.000

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2
Bedrooms
2
Bathrooms
170 m²
Surface area
€
€3176
Price per m²
Apartment
Property type
Apartment in Estepona, 2 bedrooms, 170 m² - Hoofdafbeelding
Apartment in Estepona, 2 bedrooms, 170 m² - Afbeelding 1
Apartment in Estepona, 2 bedrooms, 170 m² - Afbeelding 2
Apartment in Estepona, 2 bedrooms, 170 m² - Afbeelding 3
+17 photos

Analysis

Price
€540.000
Own investment (30%)
€162.000
Buyer costs
€54.000
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
€0000
Mortgage costs
-€1.008
Maintenance costs
-€141,67
Cleaning costs
-€291,67
Platform fees
-€398,58
Municipal taxes
-€127,25
Tax (19%)
-€131,11
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€126,61
High season
€167
Mid season
€123,92
Low season
€103

Price determining factors

  • Economic outlook in 2027: Positive economic growth in Spain and Europe, supporting property appreciation.
  • Demographic developments: Increasing demand from retirees and expatriates seeking coastal living.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities in Estepona, boosting property appeal.

Comparable accommodations

Rate Hotel / apartment Distance
€118 Villacana Villa-holiday by the beach 9.0 km
€139,40 Townhouse – 3 floors Close to the beach! 11.2 km
€125,60 Modern Townhouse, roof terrace in Estepona OldTown 0.4 km
€139 Casa Relajante - big summer garden 1.4 km
€286,80 Beachfront BohoChic II Pool+DirectBeach+Parking 3.2 km
€131,40 House 5 minutes from the beach, Puerto Banús and 5 golf courses 17.7 km
€108,40 Marbella Townhouse near Top Golf Courses 18.9 km
€161,60 Luxury Oasis at Alcazaba Lagoon 7.1 km
€298,60 Superb Townhouse in Golden Mile 21.0 km
€124,71 Casa Strandblick (Sea view villa) 7.9 km

Return & Value appreciation

Annual return

4.14%

5 Year Return

20.70%

10 Year Return

41.40%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with recent renovations, enhancing value.
  • Local market trends in 2027: Expected growth due to tourism and demand for coastal properties.
  • Property type: Luxury penthouse with premium features and views, increasing desirability.

Possible improvements

  • Adding a private pool or hot tub to increase luxury appeal.
  • Upgrading smart home features for modern convenience.
  • Enhancing outdoor spaces with landscaping or a terrace garden.

Description

Experience luxury living in this stunning penthouse for sale in Estepona, Spain, located on Calle Umbral Atalaya Green Avenue in the highly sought-after Nueva Atalaya neighborhood. This exquisite property boasts 170 square meters of modern living space, offering two spacious bedrooms and two recently renovated bathrooms featuring underfloor heating for optimal comfort. The penthouse is part of a well-maintained residential building with elevator access and includes a private parking space, making it ideal for both comfortable living and investment purposes. Enjoy enhanced living with double-glazed windows fitted with mosquito screens, providing excellent insulation and tranquility. Climate control is effortless with air conditioning in three rooms, ensuring comfort throughout the year. The fully equipped kitchen offers spectacular panoramic views of the sea and La Concha mountain, creating an inspiring setting for cooking and entertaining. Sustainability is incorporated with solar panels dedicated to domestic hot water, reducing energy costs and supporting eco-friendly living. This Estepona penthouse combines luxurious features, breathtaking views, and prime location advantages, making it a perfect investment opportunity or a dream home in one of Spain’s most desirable coastal areas. Discover this exceptional property in Estepona, Spain, and enjoy the vibrant lifestyle, stunning scenery, and real estate investment potential that this prestigious location offers.

Location

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